Meaning Of The Word OPEC
What's the definition of OPEC? Find OPEC meanings, definitions and more at the Real Dictionary online.
OPEC Meaning
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What's The Definition Of OPEC?
OPEC
proper noun: OPEC is an organization of countries that produce oil. It tries to develop a common policy and system of prices. OPEC is an abbreviation for 'Organization of Petroleum-Exporting Countries'. OPEC in American English Organization of Petroleum Exporting Countries: an association of major oil-producing nations which seeks to control crude-oil prices by setting production limits for each member nation noun: an organization founded in 1960 of nations that export large amounts of petroleum: formed to establish oil-exporting policies and set prices OPEC in British English noun acronym for: Organization of the Petroleum Exporting Countries: an organization formed in 1961 to administer a common policy for the sale of petroleum |
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